$485,000

142 Montauk Avenue, New London, CT 06320

  • 5 beds |
  • 4 baths |
  • 3,495 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $139/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Investment opportunity in the heart of New London! This well-maintained 4-family property offers strong rental history with most tenants in place for over 10 years. Recent updates provide peace of mind, including exterior paint (2024), a 12-year-old roof, natural gas hot water heaters all 5 years old or newer, and a driveway just 5 years young. Additional income potential with convenient on-site coin-operated laundry. Located just minutes to downtown New London, Yale New Haven L&M Hospital, Mitchell College, and Electric Boat, this property is in a prime location for consistent occupancy. Whether you're a seasoned investor or just starting out, this is the type of property that checks all the boxes-stable tenants, updates already done, and excellent proximity to area employers and amenities. Don't wait-this one won't last long!

Listing Status:
Active
Date Added:
September 5, 2025 at 07:21PM
Listing Office:
RE/MAX Legends : (860) 451-8000
Listing Agent:
Marilyn Lusher : (860) 460-9559
MLS ID:
24124535
  • Laundry: Coin Op Laundry
  • Basement: Full
  • A/C: Window Unit
  • Heating: SteamElectricGas In Street
  • Fireplace: Fireplaces: 0
  • General: Porch
  • Style: Units on different Floors
  • Roofing: Asphalt Shingle
  • County: New London
  • Zoning: R-21998863
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Marilyn Lusher, RE/MAX Legends

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harbor Elementary School

432 Montauk Ave, New London, CT, 06320

Grades PK-5

0.64 miles away

B

Bennie Dover Jackson International Education and Dual Language Middle School

36 Waller St, New London, CT, 06320

Grades 6-8

0.98 miles away

N

New London Visual & Performing Arts Magnet School

36 Waller St, New London, CT, 06320

Grades 6-11

0.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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